New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-01-10
INCIDENTS or S0UTHERy PROGRESS
A LITTLE CHAT ABonr RAILROADS, MILLS AND
MINIS.

A LITTLE CHAT AB'nr RAILROADS MILLS AND
MINES.
Amoro tho od friends who called recently on General
chairman nj the Fifth Avenue Hotel was General Willard
Warner ex-senator OF Alabama who went into The army
from Ohio South twenty years ago to sse
his fortunes with that part OF the country
Warner small and slender man, with run gray pear"
n rich deep with which he charms any one III
conversation. In talking about Southern anars Mr.
Warner said Z" The tide OF Southern prosperity mas
turned and set within six months have been watch
Ing and waiting for for twenty years and In that
time have seen some remarkable changes INC
current Is with us now and will stav beyond any
question. The development OF the coal and Iron
regions In Virginia. West Virginia. Tennessee and Ala
bana is sufficient Indicate what is to come In all
directions the South. Those who went In there years
AFRO and dug away and iron and stuck to 1t viii
reap substantial benefits As an instance OF the rise IN
values have known the stock OF the Alabama Improve
Company sell at thirty cents Some OF the stock
holders realized on 1t ut seventy Ave aud when 1t
reached par II stands at 800 today. Calvin g. Bryce
and Colonel Sam Thomas downinto our region to
undertake the railroad business II went up and down
aud can remember time stock company held
some OF their and IN making up our annual state
ment rated IL at twenty cents did not know what 1t
worth. There WAS no sale for It, To-day inc same
stock stands $50 In the southwest the
coming iron city OF the future Birmingham Sheffield
and south Pittsburg will also be large places"
General T. ~ Logan OF Richmond. who was one Of the
dea expresses the belief that the consolidation OF the
Richmond Terminal and the Richmond and Danville
properties only OF large railroad com
bnatOns in the South said no the other day BY these
movements have brought under one control $500
miles OF railroad II will form the largest single system
In the South and will deuonsrale the fact that there Is
for further combinations In all the Southern States
The Southern country is greater field to-day for deye
Opment other part OF the United States In my
opinion affords the greatest opportunity OF the near
made nj Richmond will y Advertisements To the
entire country the eld ut operations that Is ripe for
will see wonderful strides there. Capital has already
begun to pour in and capital always takes capital with
1t is understood that Baltimore and Ohio Railroad
IA reaching ont for the construction OF lines vr
ina. West Virginia aud Tennessee There are two links
be constructed the surveys OF which now In prog
The from EAGLE Rock tho James river on
the Allegheny road. $50 miles westward TO Cumberland
Cap where the second link will he built In Tennessee IN
Nashville The OF these routes are now IN prog
aud wonderful stories come up from the engineers OF
region through which the railroad Is Tie valley
said 10 furnish easy grades tor the hne
Tho preliminary work Is being done Dy llcIDOhu anu
Nashville capitalists
At the Hoffman House the other day met Colonel A.
c. Hairy OF Pitsburg. who Is largely Interested In west
ern Pennsy yana railroads. AMI president OF the West
virginia railroad which runs from the Pennsylvania
State line near Farhaven the terminus OF the South
! Preston Counties. West Virginia. To the main line
of the Baltimore md Ohio near Newbnrg. distance
OF about forty mica In talking about West Virginia Mr.
Hairy said The development Of the coal aud iron prop
critics West Vrgiua h, already shown It To TO t Of
wealth In hut its development IL only
begun on the line OF road. Tor Instance. We pass
! through 10000 OF coxng coal which Is
| n natural extension OF the Connesville cooking
| field and IL underlaid with iron. limestone
fire clay glass sand. building stone and Lg"ner bloc <
| paving stnne-A wonderful diversity 81 minerals. The
mpeon Of the Southwestern coal and iron fields with
Peunsylvnnia making iron men figure closely on the
co.t II manufacturing iron and steel u has been dem
onsrnted that Virginia make that product from
- tn - than II Il made In Pcnnsylvan and
A. any where In the United states such s1rntinc
experts q. Dr. l. 5. Stevenson. Of New York Professor
C. White. Of the State Universty OF West virginia and
Professor Leslie, ~ the Pennsylvania State theological
Survey tho cokng coal Of this region equal "a
tho In the ConnllsVic section There are several
lnes OF railroads being pushed into West virginia. OF
which Ours They all made tributary 10 tht
baltimore and Ohio to the Pennsylvania system, wlrt
are nearest this region and with their completion the
country will Ia know more O West Firgihia ana IL
/ nd yalus than IL known"